Huge Group Balance Sheet Health
Financial Health criteria checks 3/6
Huge Group has a total shareholder equity of ZAR1.7B and total debt of ZAR331.2M, which brings its debt-to-equity ratio to 19.5%. Its total assets and total liabilities are ZAR2.1B and ZAR391.8M respectively.
Key information
19.5%
Debt to equity ratio
R331.23m
Debt
| Interest coverage ratio | n/a |
| Cash | R49.57m |
| Equity | R1.70b |
| Total liabilities | R391.81m |
| Total assets | R2.09b |
Recent financial health updates
Does Huge Group (JSE:HUG) Have A Healthy Balance Sheet?
Jun 05
Is Huge Group (JSE:HUG) Using Too Much Debt?
Jul 13Huge Group (JSE:HUG) Takes On Some Risk With Its Use Of Debt
Dec 09
Recent updates
Huge Group Limited's (JSE:HUG) Shares May Have Run Too Fast Too Soon
Aug 01Why Huge Group's (JSE:HUG) Shaky Earnings Are Just The Beginning Of Its Problems
Jun 08Does Huge Group (JSE:HUG) Have A Healthy Balance Sheet?
Jun 05Huge Group's (JSE:HUG) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Jul 22Is Huge Group (JSE:HUG) Using Too Much Debt?
Jul 13If You Had Bought Huge Group (JSE:HUG) Shares Five Years Ago You'd Have Earned 35% Returns
Feb 01Do Its Financials Have Any Role To Play In Driving Huge Group Limited's (JSE:HUG) Stock Up Recently?
Jan 05Huge Group (JSE:HUG) Takes On Some Risk With Its Use Of Debt
Dec 09Financial Position Analysis
Short Term Liabilities: HUG's short term assets (ZAR123.8M) exceed its short term liabilities (ZAR78.9M).
Long Term Liabilities: HUG's short term assets (ZAR123.8M) do not cover its long term liabilities (ZAR312.9M).
Debt to Equity History and Analysis
Debt Level: HUG's net debt to equity ratio (16.6%) is considered satisfactory.
Reducing Debt: HUG's debt to equity ratio has reduced from 21.5% to 19.5% over the past 5 years.
Debt Coverage: HUG's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if HUG's interest payments on its debt are well covered by EBIT.